Can I retire at age 30 with 2,280,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator
About Your Retirement ?
Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:
Portfolio ?
% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $2,280,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%11.1%
1 years$188,280$186,603$184,967$183,370$181,810$180,968
2 years$93,208$91,472$89,790$88,159$86,576$85,726
3 years$61,521$59,778$58,100$56,484$54,928$54,096
4 years$45,681$43,943$42,282$40,694$39,175$38,368
5 years$36,180$34,452$32,812$31,257$29,780$29,000
6 years$29,847$28,133$26,517$24,996$23,564$22,812
7 years$25,326$23,626$22,036$20,551$19,164$18,441
8 years$21,936$20,252$18,688$17,239$15,898$15,204
9 years$19,302$17,633$16,096$14,684$13,389$12,723
10 years$17,195$15,542$14,033$12,658$11,408$10,770
11 years$15,472$13,836$12,354$11,016$9,811$9,201
12 years$14,038$12,419$10,964$9,663$8,502$7,919
13 years$12,825$11,223$9,796$8,531$7,414$6,858
14 years$11,787$10,201$8,802$7,573$6,499$5,969
15 years$10,887$9,319$7,947$6,753$5,722$5,218
16 years$10,101$8,550$7,205$6,047$5,057$4,578
17 years$9,408$7,874$6,556$5,433$4,484$4,029
18 years$8,793$7,276$5,985$4,896$3,987$3,555
19 years$8,243$6,744$5,479$4,424$3,554$3,144
20 years$7,749$6,266$5,028$4,007$3,174$2,787
21 years$7,302$5,837$4,625$3,637$2,841$2,474
22 years$6,897$5,449$4,263$3,307$2,546$2,200
23 years$6,527$5,096$3,936$3,011$2,286$1,958
24 years$6,189$4,775$3,640$2,747$2,054$1,746
25 years$5,878$4,481$3,371$2,508$1,849$1,558
26 years$5,592$4,211$3,127$2,293$1,665$1,391
27 years$5,327$3,963$2,903$2,099$1,501$1,244
28 years$5,082$3,734$2,699$1,923$1,355$1,113
29 years$4,854$3,523$2,512$1,764$1,223$996
30 years$4,641$3,327$2,340$1,619$1,105$892
31 years$4,443$3,145$2,181$1,487$999$799
32 years$4,257$2,976$2,035$1,366$904$717
33 years$4,083$2,818$1,900$1,256$818$643
34 years$3,920$2,671$1,775$1,156$741$577
35 years$3,766$2,534$1,660$1,064$671$518
36 years$3,621$2,405$1,553$980$608$465
37 years$3,484$2,284$1,453$903$551$417
38 years$3,355$2,171$1,361$832$499$375
39 years$3,233$2,064$1,275$767$453$337
40 years$3,117$1,964$1,195$708$411$303
41 years$3,007$1,869$1,121$653$373$272
42 years$2,903$1,780$1,051$603$338$244
43 years$2,803$1,696$986$556$307$220
44 years$2,709$1,617$926$514$279$198
45 years$2,619$1,542$869$474$253$178
46 years$2,533$1,471$817$438$230$160
47 years$2,451$1,404$767$405$209$144
48 years$2,373$1,340$721$374$189$129
49 years$2,298$1,280$678$346$172$116
50 years$2,226$1,222$637$320$156$105

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 30 starting with $2,280,000, adding $4,768 every year, while hoping to spend $33,320 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 52/34/14 Blend
29$2,280,000$2,280,000$2,280,000$2,280,000
30$2,517,478$2,396,638$2,361,298$2,638,691
31$2,738,809$2,478,621$2,404,949$2,804,081
32$2,981,598$2,563,505$2,448,946$2,979,933
33$3,248,000$2,651,396$2,493,265$3,170,437
34$3,540,387$2,742,405$2,537,880$3,376,990
35$3,861,372$2,836,648$2,582,765$3,601,125
36$4,213,833$2,934,245$2,627,888$3,844,531
37$4,600,941$3,035,320$2,673,220$4,109,065
38$5,026,189$3,140,002$2,718,724$4,396,769
39$5,493,424$3,248,427$2,764,366$4,709,892
40$6,006,887$3,360,732$2,810,105$5,050,906
41$6,571,246$3,477,065$2,855,900$5,422,533
42$7,191,647$3,597,575$2,901,707$5,827,770
43$7,873,758$3,722,420$2,947,477$6,269,913
44$8,623,824$3,851,761$2,993,161$6,752,593
45$9,448,726$3,985,769$3,038,703$7,279,804
46$10,356,044$4,124,619$3,084,047$7,855,944
47$11,354,130$4,268,495$3,129,132$8,485,858
48$12,452,186$4,417,587$3,173,893$9,174,876
49$13,660,352$4,572,091$3,218,262$9,928,870
50$14,989,799$4,732,215$3,262,165$10,754,303
51$16,452,837$4,898,172$3,305,526$11,658,296
52$18,063,029$5,070,184$3,348,263$12,648,688
53$19,835,317$5,248,483$3,390,290$13,734,113
54$21,786,170$5,433,309$3,431,515$14,924,079
55$23,933,731$5,624,913$3,471,842$16,229,059
56$26,297,992$5,823,554$3,511,169$17,660,588
57$28,900,983$6,029,504$3,549,389$19,231,370
58$31,766,978$6,243,045$3,586,388$20,955,401
59$34,922,724$6,464,468$3,622,047$22,848,094
60$38,397,695$6,694,081$3,656,239$24,926,430
61$42,224,369$6,932,199$3,688,831$27,209,114
62$46,438,531$7,179,153$3,719,683$29,716,751
63$51,079,617$7,435,287$3,748,649$32,472,040
64$56,191,080$7,700,959$3,775,571$35,499,987
65$61,820,806$7,976,542$3,800,288$38,828,142
66$68,021,558$8,262,422$3,822,627$42,486,853
67$74,851,480$8,559,004$3,842,409$46,509,559
68$82,374,643$8,866,707$3,859,442$50,933,096
69$90,661,651$9,185,970$3,873,527$55,798,051
70$99,790,304$9,517,248$3,884,455$61,149,140
71$109,846,337$9,861,015$3,892,007$67,035,628
72$120,924,225$10,217,765$3,895,950$73,511,797
73$133,128,073$10,588,014$3,896,042$80,637,452
74$146,572,606$10,972,296$3,892,029$88,478,491
75$161,384,244$11,371,170$3,883,644$97,107,516
76$177,702,298$11,785,218$3,870,606$106,604,527
77$195,680,284$12,215,046$3,852,624$117,057,668
78$215,487,374$12,661,284$3,829,387$128,564,062
79$237,309,989$13,124,590$3,800,575$141,230,724
80$261,353,563$13,605,650$3,765,849$155,175,572
81$287,844,477$14,105,177$3,724,856$170,528,535
82$317,032,199$14,623,916$3,677,224$187,432,781
83$349,191,638$15,162,643$3,622,565$206,046,063
84$384,625,737$15,722,164$3,560,473$226,542,211
85$423,668,335$16,303,324$3,490,522$249,112,767
86$466,687,318$16,906,999$3,412,268$273,968,792
87$514,088,089$17,534,107$3,325,243$301,342,860
88$566,317,397$18,185,600$3,228,961$331,491,245
89$623,867,552$18,862,475$3,122,912$364,696,342
90$687,281,075$19,565,769$3,006,562$401,269,332
91$757,155,817$20,296,564$2,879,354$441,553,111
92$834,150,602$21,055,988$2,740,705$485,925,532
93$918,991,450$21,845,218$2,590,005$534,802,965
94$1,012,478,426$22,665,481$2,426,618$588,644,224
95$1,115,493,192$23,518,057$2,249,877$647,954,899
96$1,229,007,338$24,404,282$2,059,087$713,292,125
97$1,354,091,542$25,325,547$1,853,522$785,269,836
98$1,491,925,686$26,283,306$1,632,422$864,564,561
99$1,643,809,993$27,279,075$1,394,995$951,921,805
100$1,811,177,297$28,314,435$1,140,413$1,048,163,086